Financial Snapshot

Revenue
$155.2M
TTM
Gross Margin
18.11%
TTM
Net Earnings
-$131.7M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
288.23%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
-$252.9M
Q3 2024
Cash
Q3 2024
P/E
-0.06588
Dec 02, 2024 EST
Free Cash Flow
-$120.4M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001
Revenue $212.4M $252.4M $231.3M $147.7M $181.7M $162.7M $151.5M $118.1M $94.76M $78.14M $74.59M $77.30M $60.30M $53.30M $53.70M $83.40M $101.7M $100.7M $75.60M $52.60M $39.10M $28.30M $19.30M
YoY Change -15.86% 9.14% 56.6% -18.73% 11.67% 7.41% 28.32% 24.58% 21.27% 4.75% -3.5% 28.19% 13.13% -0.74% -35.61% -17.99% 0.99% 33.2% 43.73% 34.53% 38.16% 46.63%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001
Revenue $212.4M $252.4M $231.3M $147.7M $181.7M $162.7M $151.5M $118.1M $94.76M $78.14M $74.59M $77.30M $60.30M $53.30M $53.70M $83.40M $101.7M $100.7M $75.60M $52.60M $39.10M $28.30M $19.30M
Cost Of Revenue $152.0M $112.6M $98.17M $71.91M $83.55M $82.34M $65.38M $49.92M $40.48M $34.77M $32.71M $35.70M $26.00M $23.10M $21.80M $32.40M $35.00M $29.90M $19.80M $14.70M $12.30M $10.00M $6.900M
Gross Profit $60.41M $139.8M $133.1M $75.77M $98.16M $80.38M $86.11M $68.14M $54.28M $43.37M $41.88M $41.50M $34.30M $30.20M $31.90M $51.00M $66.70M $70.80M $55.80M $38.00M $26.80M $18.30M $12.40M
Gross Profit Margin 28.45% 55.4% 57.55% 51.31% 54.02% 49.4% 56.84% 57.71% 57.28% 55.51% 56.15% 53.69% 56.88% 56.66% 59.4% 61.15% 65.59% 70.31% 73.81% 72.24% 68.54% 64.66% 64.25%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001
Selling, General & Admin $182.0M $152.9M $109.7M $84.28M $95.14M $79.42M $66.16M $54.51M $48.07M $43.45M $37.92M $39.90M $35.60M $34.30M $34.60M $46.60M $50.00M $48.10M $33.80M $28.30M $18.50M $14.30M $7.700M
YoY Change 19.08% 39.34% 30.17% -11.42% 19.8% 20.03% 21.38% 13.39% 10.64% 14.57% -4.96% 12.08% 3.79% -0.87% -25.75% -6.8% 3.95% 42.31% 19.43% 52.97% 29.37% 85.71%
% of Gross Profit 301.31% 109.32% 82.42% 111.23% 96.92% 98.8% 76.83% 80.0% 88.56% 100.18% 90.54% 96.14% 103.79% 113.58% 108.46% 91.37% 74.96% 67.94% 60.57% 74.47% 69.03% 78.14% 62.1%
Research & Development $21.41M $25.16M $21.57M $14.32M $15.09M $14.36M $12.87M $11.23M $10.73M $10.54M $9.216M $8.400M $9.100M $7.000M $6.800M $7.600M $7.200M $6.500M $5.400M $4.500M $3.100M $2.700M $2.200M
YoY Change -14.9% 16.63% 50.59% -5.06% 5.06% 11.53% 14.62% 4.65% 1.8% 14.4% 9.71% -7.69% 30.0% 2.94% -10.53% 5.56% 10.77% 20.37% 20.0% 45.16% 14.81% 22.73%
% of Gross Profit 35.44% 17.99% 16.2% 18.9% 15.37% 17.86% 14.95% 16.48% 19.77% 24.31% 22.0% 20.24% 26.53% 23.18% 21.32% 14.9% 10.79% 9.18% 9.68% 11.84% 11.57% 14.75% 17.74%
Depreciation & Amortization $8.575M $2.621M $1.300M $1.400M $1.500M $1.209M $1.016M $982.0K $1.186M $1.336M $1.304M $1.610M $640.0K $720.0K $860.0K $900.0K $910.0K $870.0K $690.0K $520.0K $440.0K $380.0K $200.0K
YoY Change 227.17% 101.62% -7.14% -6.67% 24.07% 19.0% 3.46% -17.2% -11.23% 2.45% -19.01% 151.56% -11.11% -16.28% -4.44% -1.1% 4.6% 26.09% 32.69% 18.18% 15.79% 90.0%
% of Gross Profit 14.19% 1.87% 0.98% 1.85% 1.53% 1.5% 1.18% 1.44% 2.18% 3.08% 3.11% 3.88% 1.87% 2.38% 2.7% 1.76% 1.36% 1.23% 1.24% 1.37% 1.64% 2.08% 1.61%
Operating Expenses $203.4M $178.0M $131.3M $98.60M $110.2M $93.77M $75.03M $65.74M $58.80M $53.99M $47.14M $48.40M $44.70M $41.30M $41.30M $54.10M $57.20M $54.50M $39.10M $32.80M $21.60M $17.00M $9.900M
YoY Change 14.28% 35.61% 33.14% -10.55% 17.55% 24.98% 14.14% 11.79% 8.91% 14.54% -2.61% 8.28% 8.23% 0.0% -23.66% -5.42% 4.95% 39.39% 19.21% 51.85% 27.06% 71.72%
Operating Profit -$143.0M -$38.19M $1.830M -$22.83M -$12.06M -$13.39M $11.08M $2.397M -$4.521M -$10.62M -$5.256M -$6.900M -$10.40M -$11.10M -$9.400M -$3.100M $9.500M $16.30M $16.70M $5.200M $5.200M $1.300M $2.500M
YoY Change 274.51% -2186.89% -108.02% 89.22% -9.92% -220.91% 362.08% -153.02% -57.43% 102.04% -23.83% -33.65% -6.31% 18.09% 203.23% -132.63% -41.72% -2.4% 221.15% 0.0% 300.0% -48.0%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001
Interest Expense -$3.073M -$3.058M -$2.514M -$600.0K -$200.0K -$100.0K $900.0K $300.0K $300.0K $400.0K $400.0K $500.0K $600.0K $500.0K $1.400M $3.200M $4.100M
YoY Change 0.49% 21.64% 319.0% 200.0% 100.0% -111.11% 200.0% 0.0% -25.0% 0.0% -20.0% -16.67% 20.0% -64.29% -56.25% -21.95%
% of Operating Profit -137.38% 8.13% 12.52% 43.16%
Other Income/Expense, Net -$3.196M -$5.031M $1.555M -$579.0K -$199.0K -$123.0K $884.0K $323.0K $293.0K $226.0K $455.0K $0.00 $0.00 $0.00 $200.0K -$100.0K $100.0K $3.600M $2.000M $600.0K $0.00 $100.0K $200.0K
YoY Change -36.47% -423.54% -368.57% 190.95% 61.79% -113.91% 173.68% 10.24% 29.65% -50.33% -100.0% -300.0% -200.0% -97.22% 80.0% 233.33% -100.0% -50.0%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001
Pretax Income -$149.3M -$80.70M $3.385M -$23.41M -$12.26M -$14.18M $11.20M $2.207M -$4.588M -$10.59M -$4.919M -$6.300M -$9.800M -$10.50M -$8.800M -$3.700M $13.80M $900.0K $18.70M $5.800M $5.200M $1.400M $2.700M
YoY Change 85.0% -2484.11% -114.46% 90.87% -13.5% -226.55% 407.61% -148.1% -56.68% 115.33% -21.92% -35.71% -6.67% 19.32% 137.84% -126.81% 1433.33% -95.19% 222.41% 11.54% 271.43% -48.15%
Income Tax $1.534M $1.638M $1.323M $470.0K $85.00K $17.26M -$18.03M $143.0K $212.0K $219.0K -$54.00K $200.0K $200.0K $0.00 $8.900M -$800.0K $3.300M -$1.200M $4.900M $2.000M $2.100M $800.0K $300.0K
% Of Pretax Income 39.08% -160.97% 6.48% 23.91% -133.33% 26.2% 34.48% 40.38% 57.14% 11.11%
Net Earnings -$150.8M -$82.34M $2.062M -$23.88M -$12.35M -$30.77M $29.99M $2.577M -$4.440M -$10.61M -$4.747M -$6.500M -$10.10M -$10.50M -$17.70M -$2.900M $10.50M $2.100M $13.80M $3.800M $3.100M $700.0K $2.300M
YoY Change 83.18% -4093.21% -108.64% 93.37% -59.87% -202.59% 1063.87% -158.04% -58.16% 123.55% -26.97% -35.64% -3.81% -40.68% 510.34% -127.62% 400.0% -84.78% 263.16% 22.58% 342.86% -69.57%
Net Earnings / Revenue -71.02% -32.62% 0.89% -16.17% -6.8% -18.91% 19.8% 2.18% -4.69% -13.58% -6.36% -8.41% -16.75% -19.7% -32.96% -3.48% 10.32% 2.09% 18.25% 7.22% 7.93% 2.47% 11.92%
Basic Earnings Per Share -$8.19 -$4.39 $0.12 -$1.43 -$0.88 -$2.23 $2.16 $0.19 -$0.32 -$0.74
Diluted Earnings Per Share -$7.59 -$4.39 $0.11 -$1.43 -$0.88 -$2.23 $2.04 $0.19 -$0.32 -$0.74 -$326.4K -$461.0K -$731.9K -$777.8K -$1.331M -$226.6K $739.4K $146.9K $992.8K $311.5K $352.3K $79.55K $261.4K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001
Cash & Short-Term Investments $143.6M $317.3M $164.2M $47.00M $33.90M $35.60M $35.90M $54.10M $48.40M $81.10M $83.10M $85.60M $88.70M $90.00M $99.60M $97.20M $99.60M $108.1M $92.00M $66.30M $10.30M $8.300M
YoY Change -54.74% 93.29% 249.29% 38.64% -4.78% -0.84% -33.64% 11.78% -40.32% -2.41% -2.92% -3.49% -1.44% -9.64% 2.47% -2.41% -7.86% 17.5% 38.76% 543.69% 24.1%
Cash & Equivalents $143.6M $145.9M $164.2M $47.00M $26.30M $26.10M $14.20M $13.80M $10.90M $9.800M $16.20M $4.000M $4.500M $2.200M $22.80M $36.50M $11.10M $11.80M $5.300M $7.100M $10.30M $8.300M
Short-Term Investments $0.00 $171.4M $0.00 $7.600M $9.500M $21.70M $40.30M $37.50M $71.30M $66.80M $79.40M $82.00M $85.80M $76.80M $60.70M $88.50M $96.30M $86.70M $59.20M $0.00
Other Short-Term Assets $19.63M $24.74M $14.55M $8.800M $5.600M $4.000M $2.900M $2.300M $1.700M $1.600M $1.500M $1.400M $1.500M $2.800M $3.000M $6.100M $9.800M $6.800M $3.700M $3.000M $2.700M $1.100M
YoY Change -20.65% 70.07% 65.28% 57.14% 40.0% 37.93% 26.09% 35.29% 6.25% 6.67% 7.14% -6.67% -46.43% -6.67% -50.82% -37.76% 44.12% 83.78% 23.33% 11.11% 145.45%
Inventory $61.73M $63.63M $39.50M $28.50M $33.90M $28.00M $28.80M $15.00M $12.10M $11.00M $9.000M $11.10M $10.70M $6.400M $6.400M $9.900M $7.500M $5.200M $5.200M $3.000M $2.200M $1.400M
Prepaid Expenses
Receivables $43.37M $45.56M $31.45M $22.00M $21.60M $19.60M $20.80M $16.50M $11.70M $11.10M $9.700M $8.800M $5.200M $4.200M $3.300M $5.800M $10.70M $9.600M $6.500M $6.600M $7.600M $3.200M
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $200.0K $1.700M $3.000M $200.0K $100.0K $0.00
Total Short-Term Assets $268.3M $451.2M $249.7M $106.3M $95.00M $87.20M $88.40M $87.80M $73.80M $104.9M $103.3M $107.0M $106.1M $103.5M $112.3M $118.9M $127.8M $131.4M $110.5M $79.10M $23.00M $13.90M
YoY Change -40.53% 80.74% 134.86% 11.89% 8.94% -1.36% 0.68% 18.97% -29.65% 1.55% -3.46% 0.85% 2.51% -7.84% -5.55% -6.96% -2.74% 18.91% 39.7% 243.91% 65.47%
Property, Plant & Equipment $47.33M $53.20M $17.65M $19.40M $10.50M $2.700M $2.100M $1.900M $1.500M $1.500M $1.400M $900.0K $900.0K $600.0K $800.0K $1.400M $1.400M $1.000M $1.000M $1.100M $700.0K $600.0K
YoY Change -11.03% 201.48% -9.04% 84.76% 288.89% 28.57% 10.53% 26.67% 0.0% 7.14% 55.56% 0.0% 50.0% -25.0% -42.86% 0.0% 40.0% 0.0% -9.09% 57.14% 16.67%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $0.00 $3.000M $6.800M $7.300M $9.600M $7.400M $0.00
YoY Change -100.0% -55.88% -6.85% -23.96% 29.73%
Other Assets $38.17M $15.21M $11.65M $5.700M $6.800M $6.400M $19.40M $800.0K $700.0K $600.0K $700.0K $1.000M $900.0K $300.0K $100.0K $6.500M $800.0K $0.00 $0.00 $100.0K $400.0K
YoY Change 150.92% 30.59% 104.33% -16.18% 6.25% -67.01% 2325.0% 14.29% 16.67% -14.29% -30.0% 11.11% 200.0% 200.0% -98.46% 712.5% -100.0% -75.0%
Total Long-Term Assets $86.83M $69.75M $30.63M $26.40M $18.70M $10.40M $22.80M $4.100M $3.700M $4.000M $5.400M $5.800M $5.300M $8.300M $9.100M $18.60M $10.90M $2.500M $1.500M $1.400M $1.200M $1.500M
YoY Change 24.5% 127.7% 16.03% 41.18% 79.81% -54.39% 456.1% 10.81% -7.5% -25.93% -6.9% 9.43% -36.14% -8.79% -51.08% 70.64% 336.0% 66.67% 7.14% 16.67% -20.0%
Total Assets $355.2M $521.0M $280.3M $132.7M $113.7M $97.60M $111.2M $91.90M $77.50M $108.9M $108.7M $112.8M $111.4M $111.8M $121.4M $137.5M $138.7M $133.9M $112.0M $80.50M $24.20M $15.40M
YoY Change
Accounts Payable $19.83M $33.74M $7.891M $6.700M $12.70M $11.30M $7.000M $2.600M $2.000M $3.100M $1.800M $2.100M $2.600M $1.300M $1.100M $1.700M $2.400M $2.200M $1.400M $1.200M $1.900M $900.0K
YoY Change -41.22% 327.53% 17.78% -47.24% 12.39% 61.43% 169.23% 30.0% -35.48% 72.22% -14.29% -19.23% 100.0% 18.18% -35.29% -29.17% 9.09% 57.14% 16.67% -36.84% 111.11%
Accrued Expenses $54.37M $60.26M $55.97M $34.20M $34.60M $26.50M $26.80M $17.40M $13.80M $11.00M $9.300M $9.200M $8.200M $6.100M $8.400M $8.300M $12.20M $12.10M $9.100M $8.200M $5.700M $3.800M
YoY Change -9.78% 7.68% 63.64% -1.16% 30.57% -1.12% 54.02% 26.09% 25.45% 18.28% 1.09% 12.2% 34.43% -27.38% 1.2% -31.97% 0.83% 32.97% 10.98% 43.86% 50.0%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $825.0K $485.0K $554.0K $4.000M $500.0K
YoY Change 70.1% -12.45% -86.15% 700.0%
Total Short-Term Liabilities $84.62M $105.8M $73.90M $54.40M $58.60M $47.60M $43.30M $28.40M $24.40M $23.00M $18.60M $18.20M $17.00M $13.10M $16.30M $17.30M $20.90M $19.40M $12.20M $10.60M $8.700M $5.000M
YoY Change -20.05% 43.22% 35.85% -7.17% 23.11% 9.93% 52.46% 16.39% 6.09% 23.66% 2.2% 7.06% 29.77% -19.63% -5.78% -17.22% 7.73% 59.02% 15.09% 21.84% 74.0%
Long-Term Debt $418.7M $416.5M $135.0M $3.800M $600.0K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change 0.54% 208.55% 3451.92% 533.33%
Other Long-Term Liabilities $11.68M $13.87M $14.85M $17.70M $8.600M $3.600M $2.700M $2.300M $2.900M $5.300M $5.700M $3.400M $2.300M $2.800M $3.500M $6.600M $7.200M $4.700M $2.600M $1.500M $200.0K $0.00
YoY Change -15.8% -6.6% -16.1% 105.81% 138.89% 33.33% 17.39% -20.69% -45.28% -7.02% 67.65% 47.83% -17.86% -20.0% -46.97% -8.33% 53.19% 80.77% 73.33% 650.0%
Total Long-Term Liabilities $430.4M $430.3M $149.8M $21.50M $9.200M $3.600M $2.700M $2.300M $2.900M $5.300M $5.700M $3.400M $2.300M $2.800M $3.500M $6.600M $7.200M $4.700M $2.600M $1.500M $200.0K $0.00
YoY Change 0.01% 187.22% 596.86% 133.7% 155.56% 33.33% 17.39% -20.69% -45.28% -7.02% 67.65% 47.83% -17.86% -20.0% -46.97% -8.33% 53.19% 80.77% 73.33% 650.0%
Total Liabilities $515.0M $536.2M $223.7M $75.90M $67.80M $51.30M $46.30M $30.80M $27.50M $28.40M $24.40M $22.00M $19.80M $16.40M $20.50M $25.40M $29.30M $24.10M $14.80M $12.10M $9.000M $5.000M
YoY Change -3.95% 139.66% 194.76% 11.95% 32.16% 10.8% 50.32% 12.0% -3.17% 16.39% 10.91% 11.11% 20.73% -20.0% -19.29% -13.31% 21.58% 62.84% 22.31% 34.44% 80.0%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001
Basic Shares Outstanding 19.89M shares 18.75M shares 17.89M shares 16.69M shares 14.10M shares 13.77M 13.87M 13.23M 13.96M 14.25M
Diluted Shares Outstanding 19.89M shares 18.75M shares 18.36M shares 16.69M shares 14.10M shares 13.77M 14.73M 13.75M 13.96M 14.25M
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Market Cap: $8.6779 Million

About CUTERA INC

Cutera, Inc. engages in the provision of laser and energy-based aesthetic systems for practitioners. The company is headquartered in Brisbane California, California and currently employs 430 full-time employees. The company went IPO on 2004-03-31. The firm develops, manufactures, distributes, and markets energy-based product platforms for medical practitioners, enabling them to offer treatments to their customers. The firm distributes third-party manufactured Secret systems and consumables. The company markets various system platforms, such as AviClear, enlighten, excel V/V+, excel HR, truSculpt, Secret PRO, Secret DUO Secret RF, xeo, and xeo+, each of which enables medical practitioners to perform procedures, including treatment for acne, body contouring, skin resurfacing and revitalization, hair and tattoo removal, removal of benign pigmented lesions, and vascular conditions. With its xeo platform, practitioners can purchase customized systems with a variety of the Company’s multi-technology applications. Each of the Company’s products consists of a control console and one or more hand pieces, depending on the model.

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